signal strength 3 of 5
The Bearish Flag pattern has been formed on AUDCHF at M30. The lower boundary of the pattern is located at 0.5306/0.5320 while the upper boundary lies at 0.5322/0.5336. The projection of the flagpole is 27 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 0.5306 is broken, the price will move further downwards.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- M5
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The Bearish pennant pattern has formed on the #PEP M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 141.49; the projection
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.8935; the resistance level 0.8953; the width of the pattern 18 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 141.47; the projection
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